GTT inks LNG agreement with CHI

Tue 30 Jan 2018, 11:51 GMT

GTT inks LNG agreement with CHI

Deal covers LNG-fuelled newbuilds, retrofits, small-scale carriers and FLNGVs.

Gaztransport & Technigaz (GTT) has signed an LNG agreement with Cosco Shipping Heavy Industry (CHI) in a move that is designed to "better tackle the challenging market and its new orientations".

The accord, signed on January 18, covers LNG-fuelled newbuilds, retrofits, small-scale carriers and floating liquefaction vessels (FLNGVs).

Established in December 2016, CHI was formed from the merged Cosco Shipping, combining shipbuilding firms Cosco Shipyard and Cosco Shipbuilding Industry Company, previously under China Cosco Group, and China Shipping Industry Co, formerly part of China Shipping Group.

CHI has more than 40 subsidiaries and the shipbuilding capacity to repair and retrofit around 1,500 vessels per year.

Deal LNG Newbuild China France


		Peru’s Port of Callao launches first shore power system in Latin America DP World Callao’s onshore power supply system could cut over 6,300 tonnes of CO₂ annually.

		New Times Shipbuilding delivers LNG dual-fuel crude oil tanker to Capital Chinese yard hands over 155,500-dwt vessel in ceremony attended by owner’s representative.

		Shell completes maiden LNG bunkering operation in Valencia Delivery to MSC vessel facilitated by Fratelli Cosulich said to be first-ever LNG bunker supply at Spanish port.

		PIL hiring senior marine fuels executive to manage global bunkering operations Singapore-based role includes oversight of fuel procurement and delivery operations, covering PIL's fleet of container and multi-purpose vessels.

		Changhong International Shipbuilding cuts steel on two more 3100-teu boxships for Costamare HSFO-fuelled vessels feature scrubbers, SCR systems and shore power connections to meet emissions requirements.

		Lloyd’s Register and Maersk Mc-Kinney Møller Center launch ammonia safety and training resources for shipping New tools aim to help operators build the safety management and competency frameworks needed for ammonia-fuelled vessels.

		IBT Bunkering & Trading appoints Kevin Döhmen to manage new Singapore office Döhmen tasked with developing IBT’s operation in the Asian city-state.

		Peak takes delivery of third S-class vessel and cuts steel for ammonia-fuelled ship Norwegian operator marks two events at Chinese yard as ammonia-powered newbuild programme advances.

		New Times Shipbuilding launches LNG dual-fuel tanker for Minerva 112,500-dwt Minerva Helen launched at shipyard in Jiangsu, China.

		Leonhardt & Blumberg equips first of four newbuilds with Econowind VentoFoils German shipowner installs wind-assisted propulsion technology aboard general cargo vessel Hansa Drejoe.